Carole and Milo Olson Family Foundation

WAUTOMA, WI EIN: 39-1933363

Carole and Milo Olson Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WAUTOMA, WI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $40K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$40K

+48.1% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$8K

+48.1% YoY

About Carole and Milo Olson Family Foundation

Based on IRS filings

Carole and Milo Olson Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WAUTOMA, WI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $40K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AshlandChicagoClaytonDecorahHighlandSaint PeterWautoma

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K6 grants20202 grants20215 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Immanuel Lutheran Church$12KGustavus Adolphus College$8KLuther College$8KOtter Creek Lutheran Chu…$7KNorthland College$5K

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Immanuel Lutheran Church ($12,000), Gustavus Adolphus College ($8,000), Luther College ($8,000).

RecipientPurposeAmount
Otter Creek Lutheran Church Highland, WIannual operating expenses$7,000
Gustavus Adolphus College Saint Peter, MNannual operating expenses$8,000
Immanuel Lutheran Church Clayton, WIannual operating expenses$12,000
Luther College Decorah, IAannual operating expenses$8,000
Northland College Ashland, WIannual operating expenses$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Carole Olsonco-trustee1
Erik Olsonco-trustee1
Johanna Olsonco-trustee1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carole and Milo Olson Family Foundation?

Carole and Milo Olson Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WAUTOMA, WI. It holds — in total assets as of 2024.

Where does Carole and Milo Olson Family Foundation operate?

Carole and Milo Olson Family Foundation has awarded grants in Iowa, Illinois, Minnesota, Wisconsin.

What size grants does Carole and Milo Olson Family Foundation award?

In 2024, Carole and Milo Olson Family Foundation awarded 5 grants totaling $40K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Carole and Milo Olson Family Foundation's EIN?

Carole and Milo Olson Family Foundation's EIN (Employer Identification Number) is 39-1933363. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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